5 bedroom homes for sale in Richfield, MN

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Richfield, MN Real Estate Market Overview

Between February 2025 and March 2025, Richfield, MN real estate market has seen increase in the number of listings by 38.2%. In March 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $365,000. In March 2025, from all listings sold in Richfield, MN there were more than 11 sold above asking price, over 10 sold below and more than 4 were sold right at the asked price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Richfield, MN

Richfield is located in Hennepin County, Minnesota. There are roughly 35,754 residents, living in 15,028 households. The average temperature for Richfield this time of the year is low of 35F and high of 57F. On average, Richfield gets about 2.45 inches of precipitation in April. Most residents are home owners (63%), have a post secondary degree (56%) and are single, no kids (49%).

Data provided by Home Junction

Schools near Richfield, MN

Elementary Schools

  • Scitech Academy Charter School

    100 W 66th St

    Public Charter KG-5

  • Seven Hills Preparatory Academy Lower Elementary School

    1401 W 76th St

    Public Charter KG-5

  • Richfield Dual Language School

    7001 Elliot Ave S

    Public District PK-5

Middle Schools

  • Richfield Middle School

    7461 Oliver Ave S

    Public District 6-8

  • Scitech Academy Middle School

    100 W 66th St

    Public Charter 6-8

  • Seven Hills Preparatory Academy Upper

    1401 W 76th St

    Public Charter 6-8

High Schools

  • Watershed High School

    6541 16th Ave S

    Public Charter 9-12

  • Richfield College Experience Program

    7201 4th Ave S

    Public District 9-12

  • South Education Center Academy

    7450 Penn Ave S

    Public District PK-12

Data provided by Great Schools

Housing market reports in Hennepin County

Homes for sale near Richfield, MN

Real estate in Richfield neighborhoods

Top real estate cities in Minnesota

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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